Consolidated figures
| Ratio | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 53.1% | 48.6% | 74.3% | 72.8% | — | 77.5% | 80.4% | 78.3% |
| EBIT margin % | 53.1% | 48.6% | 72.4% | 70.8% | — | 75% | 77.7% | 75.8% |
| PAT margin % | 11.8% | 12.2% | — | — | — | 25.4% | 22.2% | 21% |
| Working capital | ||||||||
| Receivable days | — | — | — | 3 | — | — | — | — |
| Inventory days | — | — | — | — | — | 0 | 0 | 0 |
| Payable days | 144 | 124 | — | 0 | — | — | — | — |
| NWC days | — | — | — | — | — | — | — | — |
| Leverage | ||||||||
| Current ratio | — | — | — | — | — | — | — | — |
| Debt to EBITDA | 4.34 | 5.54 | 10.3 | 9.78 | — | 9.29 | 8.96 | 9.06 |
| Debt to equity | 2.65 | 3.59 | — | 4.13 | 4.31 | 4.72 | 4.63 | 4.68 |
| Interest coverage | 1.5 | 1.6 | 1.4 | 1.6 | — | 1.6 | 1.6 | 1.6 |
| Asset turnover | 0.18 | 0.18 | — | 0.11 | 0 | 0.11 | 0.11 | 0.11 |
| Return ratios | ||||||||
| Return on assets % | 2.1% | 2.2% | — | — | 0% | 2.9% | 2.5% | 2.4% |
| Return on capital employed % | — | — | — | — | — | — | — | — |
| Return on equity % | 13.5% | 16.3% | — | — | 0% | 16.6% | 14.2% | 13.8% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.